While the idea of providing unfettered access to confidential information pertaining your business may sound scary, it is standard operating procedure when it comes to transitioning your business to an outsider. While you will only go through this process with a buyer who is qualified, committed and has agreed in writing, many deals collapse at the due diligence stage. The buyer will be on the lookout for red flags or trouble spots, this is your opportunity to learn about the major deal-breakers so that you can prepare for them and maintain momentum during this crucial phase.